Amount Raised
$2 Billion
Round Type
Debt Financing
Carson CityOtherEnergyRenewable EnergyInvestors
Description
Battery materials and recycling startup Redwood Materials has secured a conditional commitment for a $2 billion loan from the Department of Energy as part of the Biden Administration’s bid to build up a supply chain for EVs in the United States.
Quick answer
Redwood Materials raised $2 Billion in a Debt Financing round, dated February 9, 2023. Investors: Department Of Energy. Redwood Materials is based in Carson City, Nevada, United States.
- How much did Redwood Materials raise?
- Redwood Materials raised $2 Billion in a Debt Financing round on February 9, 2023.
- Who invested in Redwood Materials?
- Department Of Energy is named as investors in this round.
- What does Redwood Materials do?
- Redwood Materials is building the U.S. stockpile of critical materials and deploying large-scale energy storage.
- Where is Redwood Materials based and how big is it?
- Redwood Materials is based in Carson City, Nevada, United States. Fundz records about 1,200 employees.
- Who are the decision-makers at Redwood Materials?
- Fundz holds 1 contact at Redwood Materials, including the Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Redwood Materials that raised within 45 days of this round, from Fundz verified event records.
- Bioenergy Devco raised an undisclosed amount (Funding Round) on March 20, 2023.
- Phytonics raised an undisclosed amount (Series A) on March 16, 2023.
- MDWerks raised $83K on March 14, 2023.
- Modern Hydrogen raised $33M on March 14, 2023.
- Navisun raised $235M (Funding Round) on March 13, 2023.
- W2E CLEANTECH ENERGY raised an undisclosed amount (Funding Round) on March 9, 2023.
Who to call at Redwood Materials, and when
A new round usually means Redwood Materials is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Redwood Materials raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Redwood Materials, from your own LinkedIn network
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Fundz sees it the moment Redwood Materials raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Redwood Materials raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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